Apraava Energy has secured a new greenfield interstate transmission project in Madhya Pradesh through the Government of India's Tariff-Based Competitive Bidding (TBCB) process. The project involves setting up of ~ 40 kms of 765 kV double-circuit transmission lines and a 3,000 MVA substation. This is Apraava’s third transmission project win within the last 12 months, reflecting an increased momentum in growing its low-carbon business. As part of the Transmission Service Agreement (TSA), the project will be developed by Apraava under BOOT (build, own, operate and transfer) model. The completion timeline is set at 24 months from the date of Special Purpose Vehicle (SPV) transfer. The project will cater to the increasing demand of the state.
As required under the Electricity Act 2003, Apraava has filed the following petitions before the Central Electricity Regulatory Commission for its greenfield transmission project:
- Petition No. 75/AT/2024 - Karera Power Transmission Limited Vs CTU (Adoption of Transmission Charges)
- Petition No. 76/TL/2024 - Karera Power Transmission Limited Vs CTU (Grant of Transmission License)
The Petitions can be accessed via the hyperlinks above.